0
Your cart

Your cart is empty

Browse All Departments
  • All Departments
Price
  • R2,500 - R5,000 (1)
  • -
Status
Brand

Showing 1 - 1 of 1 matches in All Departments

Corporate Financialization - An Economic Sociology Perspective (Hardcover): Marcelo José do Carmo, Mário Sacomano Neto, Julio... Corporate Financialization - An Economic Sociology Perspective (Hardcover)
Marcelo José do Carmo, Mário Sacomano Neto, Julio Cesar Donadone
R3,847 Discovery Miles 38 470 Ships in 12 - 17 working days

The economic process of financialization is defined by many as the development of the dependence and subordination of the productive sector to the financial sector. Leading to an emphasis on maximizing shareholder value above all else, the financialization of the economy and production has an enormous impact on the everyday life of ordinary people including the erosion of employment right, the rise of precarious work, and rising inequalities. Using multicase study research and an exploratory approach, this book analyzes the financialization process in the ten companies with the highest market capitalization worldwide including tech firms, oil companies and banks. This book analyzes indicators of financialization in large corporations including a comparison between profitability sources; shareholding structure, acquisitions and sales of shares; mergers and acquisitions; the origins of directors; payment of compensation to executives; dividend payments to shareholders and stock repurchases; employee salaries; and employment levels. The data demonstrates that what would once have been considered non-core business activities have become more profitable than core business activities in many of these companies. In some cases, these companies are responsible for large investment funds and financial-type institutions which already surpass the largest banks in terms of assets under management. Meanwhile, the average salaries at some of these companies have been falling in real terms due to the rise of outsourcing and the use of cheap or precarious labour. Adopting an economic sociology approach, this book marks a significant contribution to the literature on financialization in economics, sociology and business.

Free Delivery
Pinterest Twitter Facebook Google+
You may like...
JCB Hiker HRO Composite Toe Safety Boot…
R1,719 Discovery Miles 17 190
Baby Dove Lotion Night Time
R81 Discovery Miles 810
Large 1680D Boys & Girls Backpack…
R507 Discovery Miles 5 070
Slippers
R57 Discovery Miles 570
When Love Kills - The Tragic Tale Of AKA…
Melinda Ferguson Paperback  (1)
R320 R235 Discovery Miles 2 350
CyberPulse Gaming Chair
R3,999 R1,749 Discovery Miles 17 490
Loot
Nadine Gordimer Paperback  (2)
R398 R330 Discovery Miles 3 300
Blaze Patio Fire Pit
R1,999 R579 Discovery Miles 5 790
Batman v Superman - Dawn Of Justice…
Ben Affleck, Henry Cavill, … Blu-ray disc  (3)
R549 Discovery Miles 5 490
Barbie
Margot Robbie, Ryan Gosling Blu-ray disc R266 Discovery Miles 2 660

 

Partners